Can You Guess How Many Americans Have $2 Million Saved For Retirement? It’s Probably Less Than You’d Expect
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New retirement rule will help protect retirement savings of Americans already struggling to save
The Biden-Harris administration recently announced a finalized retirement rule that will help individuals save for retirement. The Retirement Security Rule updates the definition of fiduciary, a financial manager that follows a certain code of ethics. The amended definition requires financial managers to have set policies that guide them in advising individuals. These policies instruct professionals […]
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Sanctioning one billionaire might just save a nation
By Marc Champion
Georgia is having its “Maidan moment.” With parallels to Ukraine mounting fast, the question for the US and Europe is how to respond; for the protesters, it’s whether they should also have a “Yanukovych moment,” in which they try to topple the government. The answer to the first question is complicated, but for the second it’s simple: No.
As in Kyiv during the winter of 2013-2014, huge crowds have been taking to the streets of the Georgian capital...
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Groupon: American Consumers Are Spending More on Experiences, Less on Products
As consumers step up their spending on travel and on local experiences, Groupon noted, they are pulling back on buying products. The eCommerce marketplace shared in an investor presentation accompanying its first-quarter 2024 financial results Thursday (May 9) that, with the exception of its “Goods” business — which sells retail products — its North American segment, which accounts for the bulk […]